112 Rodney St Rehoboth Beach, DE 19971
Estimated Value: $2,173,927 - $2,756,000
4
Beds
2
Baths
--
Sq Ft
4,792
Sq Ft Lot
Highlights
- Water Oriented
- Coastal Architecture
- Wood Flooring
- Rehoboth Elementary School Rated A
- Private Lot
- 4-minute walk to Stockley Street Park
About This Home
As of December 2020PRICE REDUCED TO SELL! Updated, original Rehoboth cottage just 1.5 blocks to the beach and 2 blocks to Silver Lake on quiet Rodney Street in South Rehoboth. This 4 bedroom, 2 bath home provides ample space for guests and entertaining with an expansive, 2-story addition on the back of the home. Each level boasts 2 private bedrooms and an updated full bath. The second floor owner's suite features an additional sitting room and private deck overlooking the backyard. Entertaining is a breeze where the kitchen opens to a sitting room and sunroom while overlooking the private backyard and patio. In the backyard, the brick patio is the perfectly private space to enjoy meals under the mature shade trees. In the front of the home, there is easy flow from the dining room, which features an original fireplace, to the front porch overlooking the extensive front landscaped yard. Storage is abundant with the rarely available backyard shed and basement. For an investor, this home is the perfect rental with an outdoor shower, laundry in the basement, 3-zoned HVAC with central a/c, and prime location. All showings must occur on Saturdays between 11:30-2:30 due to rentals until September. Furnishings negotiable. Art work and personal items excluded. No sign on property.
Last Agent to Sell the Property
Monument Sotheby's International Realty License #RS-0022510 Listed on: 08/06/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,663
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 50.00 x 100.00
- Infill Lot
- Landscaped
- Private Lot
- Back Yard
- Property is in very good condition
- Property is zoned TN
Parking
- Driveway
Home Design
- Coastal Architecture
- Cottage
- Poured Concrete
Interior Spaces
- Property has 2 Levels
- Ceiling Fan
- Brick Fireplace
- Window Treatments
- Family Room Off Kitchen
- Combination Kitchen and Living
- Dining Area
- Basement
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
Accessible Home Design
- More Than Two Accessible Exits
Outdoor Features
- Outdoor Shower
- Water Oriented
- Property is near an ocean
- Balcony
- Shed
- Outbuilding
- Brick Porch or Patio
Utilities
- Central Heating and Cooling System
- Heating System Uses Oil
- Electric Water Heater
- Municipal Trash
Community Details
- No Home Owners Association
Listing and Financial Details
- Property is used as a vacation rental
- Assessor Parcel Number 334-20.05-279.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 6, 2020
Closed on
Dec 7, 2020
Sold by
Thomas G Paese Ret
Bought by
Miles Lisa
Seller's Agent
Elizabeth Barnhart
Monument Sotheby's International Realty
Buyer's Agent
Tjark Bateman
Jack Lingo - Rehoboth
List Price
$1,850,000
Sold Price
$1,635,000
Premium/Discount to List
-$215,000
-11.62%
Total Days on Market
31
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$794,232
Avg. Annual Appreciation
3.12%
Original Mortgage
$1,226,250
Outstanding Balance
$1,109,961
Interest Rate
2.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$766,222
Purchase Details
Closed on
Feb 13, 2018
Sold by
Paese Thomas G
Bought by
Paese Thomas G
Purchase Details
Closed on
Oct 30, 1991
Bought by
Paese Thomas G
Similar Homes in Rehoboth Beach, DE
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Miles Lisa | $1,635,000 | None Available | |
| Paese Thomas G | -- | -- | |
| Paese Thomas G | $330,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Miles Lisa | $1,226,250 | |
| Previous Owner | Thomas G Oease Ret | $1,300,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/07/2020 12/07/20 | Sold | $1,635,000 | -6.6% | -- |
| 09/07/2020 09/07/20 | Pending | -- | -- | -- |
| 09/02/2020 09/02/20 | Price Changed | $1,750,000 | -1.4% | -- |
| 08/17/2020 08/17/20 | Price Changed | $1,775,000 | -4.1% | -- |
| 08/06/2020 08/06/20 | For Sale | $1,850,000 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,082 | $21,950 | $10,000 | $11,950 |
| 2023 | $1,081 | $21,950 | $10,000 | $11,950 |
| 2022 | $1,043 | $21,950 | $10,000 | $11,950 |
| 2021 | $1,034 | $21,950 | $10,000 | $11,950 |
| 2020 | $1,031 | $21,950 | $10,000 | $11,950 |
| 2019 | $1,032 | $21,950 | $10,000 | $11,950 |
| 2018 | $964 | $21,950 | $0 | $0 |
| 2017 | $923 | $21,950 | $0 | $0 |
| 2016 | $877 | $21,950 | $0 | $0 |
| 2015 | $838 | $21,950 | $0 | $0 |
| 2014 | $832 | $21,950 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Elizabeth Barnhart
Seller's Agent in 2020
Elizabeth Barnhart
OCEAN ATLANTIC SOTHEBYS
(302) 236-3696
16 in this area
50 Total Sales
-
Tjark Bateman
Buyer's Agent in 2020
Tjark Bateman
Jack Lingo - Rehoboth
(302) 745-0018
50 in this area
94 Total Sales
Map
Source: Bright MLS
MLS Number: DESU166236
APN: 334-20.05-279.00
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